XRP Ledger Bridge Faces Potential Shutdown Ripple (@Ripple) is recommending that the XRP Ledger ripple:native COMMUNITY withdraw the long running XLS-38 amendment. The proposal was designed to enable native cross chain bridging across XRPL networks. Ripple says its main use

What happened

Ripple is recommending that the XRP Ledger community withdraw the XLS-38 amendment, a long-running proposal designed to enable native cross-chain bridging across XRPL networks. Ripple says its main use is no longer needed, potentially leading to the bridge's shutdown.

Confirmed

Global impact / market context

If the XLS-38 amendment is withdrawn, XRP holders may lose a planned feature for moving assets between networks. This could affect XRP's usefulness and investor confidence, as the bridge was meant to improve connectivity and reduce reliance on third-party services.

Analyst inference

The news comes amid ongoing development in the XRP ecosystem. A shutdown might signal a shift in Ripple's priorities, potentially impacting XRP's price and adoption. Investors should watch for community responses and any alternative plans for cross-chain functionality.

Analyst inference

What to watch

1. Ripple's recommendation to withdraw XLS-38 is confirmed. Watch for official community votes or governance decisions on whether to formally remove the amendment from the XRP Ledger. Confirmed
2. Ripple may propose alternative solutions for cross-chain bridging. Look for announcements about new features or partnerships that could replace the functionality XLS-38 was intended to provide. Proposed
3. Investors should monitor XRP's price and trading volume for any reaction to the potential shutdown. A negative response could indicate reduced confidence in the network's future capabilities. Analyst inference

Affected assets

• XRP — XRP

Evidence

• x.com